Oireachtas Joint and Select Committees
Wednesday, 21 November 2012
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Credit Union Bill 2012: Committee Stage
5:10 pm
Michael Noonan (Limerick City, Fine Gael)
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The section relates to the suspension and removal of a director by the board oversight committee. The amendment proposes that when forming an opinion which may lead to the decision to suspend a director the board oversight committee will be required to express its opinion in written form to the director concerned. I thank the Deputy for tabling the amendment. It is one in which there is merit. I will ask the Department to consult with the Attorney General's office with a view to bringing forward an amendment of the same effect.